March 4, 2020

Weekly News (March 4, 2020)

This week’s Interest Rate (10th Week) (Fairway Asset)   30 Y Rate: 3.370%/ 15 Year Rate:2.875%/ 10 Y Treasury: 1.377%/  FHA:3.125%/  VA:2.875% Prime Rate:4.25% / Ref IR: 1.00- 1.25%   Federal Reserve issues FOMC statement - The rate cut announcement  by 0.5% (The FOMC  3/3, The  Record 3/4) FOMC made fast and big step to lower Ref IR.  The fundamentals of the U.S. economy remain...

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